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In Q2, its sales dropped 3.8% to $4.9 billion while same-store sales declined 4%, including in-store and digital. The department store giant has been investing in its digital platform, with plans ...
In late November, Macy's announced that an employee "with responsibility for small package delivery expense accounting intentionally made erroneous accounting accrual entries" to hide between $132 ...
Macy's still plans to close a total of about 150 underproductive stores, while investing in its 350 current Macy’s locations, through the company's 2026 fiscal year, which ends Jan. 30, 2027 ...
The group also controls a number of other retail formats, including the supermarket chain Supercor and hypermarket chain Hipercor. It currently employs 91,000 people and is the largest department store in Europe, with department stores all over mainland Spain, the Balearic Islands, the Canary Islands and Portugal.
JCPenney - national department store chain, established on the island in 1968 at the Plaza Las Américas shopping mall. Macy's - national department store chain, established on the island in the year 2000 at the Plaza Las Américas shopping mall, expanded with another store on the island in 2015 at the Plaza del Caribe shopping mall. Marshalls
The investors claim that Macy’s real estate, including its flagship store at Herald Square in New York City, is worth up to $9 billion on the open market, nearly double Macy’s closing market ...
The department store chain made the update public in its third quarter earnings call Wednesday. "We now expect to close roughly 65 locations this year," Macy's CEO Tony Spring said on the call.
Macy’s, Inc. (NYSE:M) shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth ...